Sixteen independent insurance offices have merged under Coöperatie Licent in the Netherlands, creating a top-25 player in the market with plans for significant growth.
Target Information
In a remarkable event for the Dutch insurance industry, sixteen independent insurance offices have united under the umbrella of Coöperatie Licent, leading to the formation of a new company that ranks among the top 25 players in the Netherlands. The merged entity operates thirty locations and employs over 300 staff members. This collaboration marks a significant milestone, as it is unprecedented for so many independent insurance offices to combine their efforts simultaneously.
The genesis of Coöperatie Licent dates back to 1999 when a group of independent insurance offices in Eastern Netherlands established the organization with the motto: "Together, we are stronger and can achieve more." Over the past two decades, the group has expanded, and the cultural alignment among the offices has deepened, culminating in this unique merger to create a robust organization poised for future growth. Licent aims to enhance customer service and expand substantially in the coming years.
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Industry Overview in the Netherlands
The insurance industry in the Netherlands has a long-standing tradition and is characterized by a competitive landscape, where independent offices play a crucial role in providing personal
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